Photon Financial Statements From 2010 to 2025
| PEN Stock | CZK 23.45 0.05 0.21% |
Check Photon Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Photon Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Photon financial statements analysis is a perfect complement when working with Photon Energy Valuation or Volatility modules.
Photon |
Photon Energy NV Company Return On Equity Analysis
Photon Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Photon Energy Return On Equity | 0.1 |
Most of Photon Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Photon Energy NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Photon Energy NV has a Return On Equity of 0.1026. This is 100.85% lower than that of the Technology sector and 100.17% lower than that of the Solar industry. The return on equity for all Czech Republic stocks is 133.1% lower than that of the firm.
Photon Energy NV Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Photon Energy's current stock value. Our valuation model uses many indicators to compare Photon Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Photon Energy competition to find correlations between indicators driving Photon Energy's intrinsic value. More Info.Photon Energy NV is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Photon Energy NV is roughly 2.23 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Photon Energy's earnings, one of the primary drivers of an investment's value.About Photon Energy Financial Statements
Photon Energy shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Photon Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Photon Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Photon Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Photon Energy N.V., through its subsidiaries, provides solar power solutions and services worldwide. Photon Energy N.V. was founded in 2008 and is headquartered in Amsterdam, the Netherlands. PHOTON ENERGY is traded on Commodity Exchange in Exotistan.
Pair Trading with Photon Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Photon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Photon Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Photon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Photon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Photon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Photon Energy NV to buy it.
The correlation of Photon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Photon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Photon Energy NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Photon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Photon Stock Analysis
When running Photon Energy's price analysis, check to measure Photon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Photon Energy is operating at the current time. Most of Photon Energy's value examination focuses on studying past and present price action to predict the probability of Photon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photon Energy's price. Additionally, you may evaluate how the addition of Photon Energy to your portfolios can decrease your overall portfolio volatility.